Spain is putting mobility and the automotive industry in the centre of its economic recovery plan, according to the country’s industry secretary Raul Blanco.
“We have a clear goal. We want Spain to remain the EU’s second-largest car producer in 2030, 2040 and 2050, regardless of the technology,” he said earlier this week.
His comments echoes those of industry minister Maroto Reyes, noting that the government is committed to lead the future of the sector with more sustainable, digital, connected and safe mobility. She was the first one to announce plans for Spain to host its first battery cell gigafactory, in a partnership between the government and Volkswagen, Seat and Iberdrola, Kallanish notes.
Blanco said Spain has earmarked €13 billion ($15.68 billion) in spending through 2023 to promote EV take-up, improve charging infrastructure and build the battery plant. Another €70 billion is expected in EU funding, with the government pushing for the acceleration of electrification of the auto industry.
Spain faces intense competition from Germany and France, Europe’s No. 1 and No. 3 biggest auto markets.
